ARPA CHAIN - ARPA/USD - 1H - Technical analysis published on 03/31/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.100204 USD
My targets
0.094120 USD (-3.37%)
0.086112 USD (-11.59%)
My analysis
The strong short-term decrease of ARPA CHAIN - ARPA/USD should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 0.100204 USD, a sale could be considered. The first bearish objective is located at 0.094120 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 0.086112 USD. If there is any crossing, the next objective would be support 0.080437 USD. Caution, if there is a return to above 0.100204 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.9
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Additional analysis
Quotes
ARPA CHAIN - ARPA/USD rating 0.097400 USD. The price is lower by -0.21% since the last closing and was between 0.097001 USD and 0.100794 USD. This implies that the price is at +0.41% from its lowest and at -3.37% from its highest.0.097001
0.100794
0.097400
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this ARPA CHAIN - ARPA/USD chart shows a neutral trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.080437 | 0.086112 | 0.094120 | 0.097400 | 0.100204 | 0.109189 | 0.114133 |
| Change (%) | -17.42% | -11.59% | -3.37% | - | +2.88% | +12.10% | +17.18% |
| Change | -0.016963 | -0.011288 | -0.003280 | - | +0.002804 | +0.011789 | +0.016733 |
| Level | Minor | Intermediate | Major | - | Minor | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.080635 | 0.088226 | 0.092914 | 0.100505 | 0.105193 | 0.112784 | 0.117472 |
| Camarilla | 0.094224 | 0.095350 | 0.096475 | 0.097601 | 0.098727 | 0.099852 | 0.100978 |
| Woodie | 0.079183 | 0.087500 | 0.091462 | 0.099779 | 0.103741 | 0.112058 | 0.116020 |
| Fibonacci | 0.088226 | 0.092917 | 0.095815 | 0.100505 | 0.105196 | 0.108094 | 0.112784 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.046304 | 0.064902 | 0.081252 | 0.099850 | 0.116200 | 0.134798 | 0.151148 |
| Camarilla | 0.087990 | 0.091194 | 0.094397 | 0.097601 | 0.100805 | 0.104008 | 0.107212 |
| Woodie | 0.045179 | 0.064340 | 0.080127 | 0.099288 | 0.115075 | 0.134236 | 0.150023 |
| Fibonacci | 0.064902 | 0.078253 | 0.086500 | 0.099850 | 0.113201 | 0.121448 | 0.134798 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.035668 | 0.045429 | 0.056163 | 0.065924 | 0.076658 | 0.086419 | 0.097153 |
| Camarilla | 0.061262 | 0.063141 | 0.065019 | 0.066898 | 0.068777 | 0.070655 | 0.072534 |
| Woodie | 0.036156 | 0.045672 | 0.056651 | 0.066167 | 0.077146 | 0.086662 | 0.097641 |
| Fibonacci | 0.045429 | 0.053258 | 0.058095 | 0.065924 | 0.073753 | 0.078590 | 0.086419 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 40.45 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | 4.877624 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.097734 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.102570 | |
| Elder Ray (13): | -0.000983 | |
| Super Trend (3,10): | 0.095603 | |
| Zig ZAG (10): | 0.097102 | |
| VORTEX (21): | 0.8352 | |
| Stochastique (14,3,5): | 9.00 | |
| TEMA (21): | 0.097220 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.002196 | |
| Repulse (5,40,3): | -1.3685 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0726 | |
| Courbe Coppock: | 2.80 |
| MA7: | 0.094706 | |
| MA20: | 0.089668 | |
| MA50: | 0.076855 | |
| MA100: | 0.069034 | |
| MAexp7: | 0.097681 | |
| MAexp20: | 0.098648 | |
| MAexp50: | 0.098805 | |
| MAexp100: | 0.097160 | |
| Price / MA7: | +2.84% | |
| Price / MA20: | +8.62% | |
| Price / MA50: | +26.73% | |
| Price / MA100: | +41.09% | |
| Price / MAexp7: | -0.29% | |
| Price / MAexp20: | -1.27% | |
| Price / MAexp50: | -1.42% | |
| Price / MAexp100: | +0.25% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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